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PayPal or Cryptocurrency?

JaSaBong

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What's your favorite means of getting payment if you're working online as a freelancer? PayPal seems to be the most popular because their services cover more parts of the world and some people don't still trust crypto.

Which one have been your first choice?
 
Shortie
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I mainly use PayPal, but also have the option of using Cryptocurrency too if I need to.

I have accepted and made payments through PayPal and Cryptocurrency in the past without issue, and I much prefer to have a choice.
 
uptrendfinancialsignal

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Hmm, I prefer crypto but to be honest, I am always cautious. Crypto is good but the risk that is involved is very huge. It has good thrills but there are some issues attached to it. PayPal can't be compared to cryptocurrency when it comes to fast and quick transactions. I use crypto but I don't advise you to put all your heads in one basket.
 
Bremaine

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I go with PayPal, but I immediately move my money to my bank account after I receive it. I've heard too many horror stories about people getting locked out of their PayPal, so I don't trust to hold my money on there for long. And I don't want to be paid in crypto, but would take it if it's the only way someone could pay me.
 
Mike30

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I love crypto, but I rather PayPal.. I have had a lot of money into paypal (when they were paying interest for your balance as a Money Market account) and I have never had any funds locked or anything alike.
The only issue I had with them was long time ago when I sold some Bitcoins and buyers clamed/charged back (so I was scammed by the buyers).

PayPal is quite straight forward and easy to send/receive. As a regular user or as a website owner using their API for payments. (I love PayPal)
I have been using PayPal for over 25 years now.
 
Mike30

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Ginger said:
I have preferred PayPal all my life but from past few years, I'm more interested in Crypto because of lesser transaction fee as compared to PayPal
Click to expand...
Brother, here in USA I have to pay almost 50% in taxes of my earnings..
Do you think I would move to another country for that???

I am happy to pay 50% if I have the opportunity to make so much money... Think deep about it.
If I use PayPal, and the opportunities are using PayPal, do what you got to do to be able to use PayPal...

Avoiding using PayPal is preventing you from getting opportunities... haven't you realized that yet?

I don't know how is the deal in India. But if you have to form a business to get up and running a full functioning PayPal account, just do it.
Remember, it's not about "luck", it's about preparation when it meets opportunities...

So, prepare yourself and do what you got to do. To be ready for opportunities when they come.
 
Ginger

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Mike30 said:
Brother, here in USA I have to pay almost 50% in taxes of my earnings..
Do you think I would move to another country for that???

I am happy to pay 50% if I have the opportunity to make so much money... Think deep about it.
If I use PayPal, and the opportunities are using PayPal, do what you got to do to be able to use PayPal...

Avoiding using PayPal is preventing you from getting opportunities... haven't you realized that yet?

I don't know how is the deal in India. But if you have to form a business to get up and running a full functioning PayPal account, just do it.
Remember, it's not about "luck", it's about preparation when it meets opportunities...

So, prepare yourself and do what you got to do. To be ready for opportunities when they come.
Click to expand...
I know brother. I make use of PayPal but if there is a payment that I can get through cryptocurrency then I prefer to go via it.
 
Mike30

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Ginger said:
I know brother. I make use of PayPal but if there is a payment that I can get through cryptocurrency then I prefer to go via it.
Click to expand...
I am sure in the future I will keep supporting Crypto. I am pro Crypto. It just complicate my transactions at the moment and I have to deal with the IRS and
I don't want to mix things yet until I get professional advice on how to proceed.
 
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